Posted 2 weeks ago | by Catoshi Nakamoto
The basic idea of interoperable DeFi is that things should just work. For everyone. In line with this philosophy, the Wanchain Foundation is pleased to announce that its cross-chain faucet is being expanded to support $DOGE!
This means that, until further notice, everyone who completes a cross-chain transaction from Doge to Wanchain will always have enough WAN tokens to cover the fees for at least a handful of transactions. This is in addition to the existing $WAN/$XRP cross-chain faucet.
How to access the $WAN/$DOGE cross-chain faucet
To take advantage of the $WAN/$DOGE cross-chain faucet, all you need to do is complete a DOGE to Wanchain cross-chain transaction. Doing so will trigger a bot that ensures your account has at least 0.0005 WAN — enough to cover several transactions on the Wanchain network.
How to complete a cross-chain transaction
To initiate a DOGE to Wanchain cross-chain transaction, head over to Instant Cross. Then:
- Click “Select” and select “DOGE”
- Select “dogecoin” or “BSC” from the “From Chain” drop-down menu
- Select “Wanchain” from the “Target Chain” drop-down menu
- Input your Wanchain wallet address as the “Recipient”
- Input the amount of $DOGE to transfer cross-chain
- Click “Start” and deposit the “Deposit Amount” of DOGE in the listed “Deposit Address”
Please be se sure to deposit the exact amount of DOGE list in a single transaction. A video walkthrough demonstrating how to complete a cross-chain transaction using Instant Cross, step-by-step, can be found here.
What is Instant Cross?
What to do next?
After completing your DOGE to Wanchain cross-chain transaction, you are all set to take advantage of a wide variety of DeFi applications! Your first stop should be to WanSwap — the world’s best cross-chain decentralised exchange. WanSwap lets you trade for WAN and a variety of other tokens including BTC, ETH and XRP.
WanSwap also allows DOGE holders to earn rewards by farming. The DOGE/WASP pool on WanSwap currently offers 3x rewards. When you’re ready, you can also try your hand at ZooKeeper — an innovative yield farming application with gamified NFTs!
True DeFi is interoperable — Wanchain is the world’s premiere decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralised cross-chain applications to power the future of DeFi.
Original article published on Wanchain’s Medium.